Investor Presentaiton
FINANCIAL AND TRANSACTION SUMMARY
1. See details on page 41.
2. See details on page 35.
$105MM of projected revenue in 2024 (1)
$300MM+ in expected project financing over a 30-month period secured from a major U.S. clean-
energy company to support revenue growth
Targeting capital raise of $28MM
Secured $8.5MM in debt financing
Agreement in principle for $26.5MM of equity, including $18MM from SPAC Sponsor affiliates
◆ Significant incentives offered to additional equity investors:
。 For every 2 shares of common participation at $10 each or through non-redemption, investors will
also receive 1 preferred share with 15% payment-in-kind dividends; mandatory redemption of
preferred shares after three years for cash or common stock (2)
⚫ $80MM of existing cash in trust at TLGA prior to redemption
Estimated transaction close
3rd Amendment to S-4 filed June 8th, 2023
◆ Transaction targeted to close after effectiveness of S-4 registration statement
electriq
power
Strictly Confidential / Not for Redistribution
9View entire presentation